December 18, 2023
Malawi: Malawi - African Development Bank Approves Usd 7 Million Trade Finance Transaction Guarantee Facility for NBS Bank to Support SMEs and Local Corporates
The Board of Directors of the African Development Bank Group on Monday, 4 December 2023 approved a USD 7 million Trade Finance Transaction Guarantee facility for NBS bank in Malawi… Read more »
December 14, 2023
Africa: Africa Needs Just Trade for a Just Energy Transition, African Development Bank Head Says At Doha Forum
The President of the African Development Bank Group Dr Akinwumi Adesina has reiterated his warning that the introduction of a carbon border tax by the European Union could push… Read more »
December 12, 2023
Africa: Africa Visa Openness Index 2023 - Progress in Visa Openness in Africa to Ease Cross Border Travel, Boost Trade, Investment and Regional Integration
Rwanda becomes latest African country to offer visa-free access to all Africans Read more »
December 08, 2023
Africa: Nigeria - African Development Bank and Fsdh Merchant Bank Sign $20 Million Trade Finance Agreement to Support SMEs and Corporates
Bukola Smith, Managing Director, FSDH Merchant Bank (left) and Lamin Barrow, Director General, African Development Bank Nigeria Country Department, display copies of the signed… Read more »
December 06, 2023
Africa: African Development Bank Approves Usd 15 Million Trade Finance Transaction Guarantee Facility for NMB Bank to Support SMEs and Local Corporates in Zimbabwe
Support from the African Development Bank will enable NMB Bank to support SMEs and local businesses, including those owned by women. Read more »
November 30, 2023
Egypt: Egypt - African Development Bank Supports Commercial International Bank With $148 Million to Prop Up SMEs and Trade
Finance Read more »
November 23, 2023
Africa: Land Governance Critical to the Realization of the African Continental Free Trade Area, Say Experts
Land governance regulating access, use and ownership of land is critical to the successful implementation of the African Continental Free Trade Area (AfCTA) and is needed to… Read more »
November 20, 2023
Africa: Africa Economic Conference 2023 - Africa Must Harness Intra-African Trade to Support Small Firms and Drive Industrialization, Say Experts
Experts from academia, the private sector and development finance institutions have agreed that African countries must leverage the African Continental Free Trade Area (AfCFTA) and… Read more »
November 03, 2023
Africa: African Development Bank Approves €100-Million Risk Participation Agreement With Attijariwafa Bank to Promote African Trade
Finance Read more »
October 30, 2023
Africa: IATF 2023, Cairo, Egypt, From 9 to 15 November 2023
WHAT: The Intra-African Trade Fair Read more »
October 27, 2023
East Africa: African Development Bank Launches Capacity Building Initiative to Enhance Trade in East Africa
The African Development Bank is partnering with the East African Community (EAC) Secretariat and the United Nations Conference on Trade and Development to launch a capacity… Read more »
Africa: South Africa - African Development Bank Approves Zar 2.7 Billion Subordinated Financing and $150 Million Trade Finance Facility for Absa Group Limited
The Board of Directors of the African Development Bank has approved a financial package for Absa Group Limited comprising a sustainability-linked loan for an amount of ZAR 1.7… Read more »
June 29, 2023
Africa: African Development Bank's Umdf and Icex Spain Trade and Investment Team Up to Boost Sustainable Urban Development in Africa
Ms. María Peña Mateos, CEO of ICEX Spain Trade and Investment of the Kingdom of Spain, and Stefan Atchia, Manager of the Urban Development Division, sign a… Read more »
June 07, 2023
East Africa: The African Development Bank to Boost Electricity and Transport Infrastructure, Value Chain Development and Trade Facilitation to Spur Regional Integration in East Africa in 2023-2027
Over the next five years, the African Development Bank will invest in cross-border electricity interconnections to strengthen connectivity and increase access to reliable and… Read more »
April 26, 2023
Africa: African Development Fund, Smart Africa Alliance Launch $1.5 Million Project to Enhance Digital Trade and E-Commerce Ecosystems Across Africa
The African Development Fund and Smart Africa Alliance have jointly launched a $1.5 million project to streamline digital trade and e-commerce policies across 10 African countries. Read more »
April 14, 2023
Burundi: Burundi - African Development Bank Approves Trade Finance Transaction Guarantee Facility to Banque Commerciale Du Burundi (Bancobu)
The Board of Directors of the African Development Bank Group has approved a trade finance transaction guarantee facility to Banque Commerciale Du Burundi (Bancobu). Leveraging… Read more »
March 30, 2023
São Tomé and Príncipe: Sao Tome and Principe - African Development Bank Signs $3.2 Million Loan Agreement for Upgrade of National Switch Payment System
The African Development Bank Group and the government of Sao Tome and Principe have signed a $3.2 million loan agreement to upgrade the country's National Switch payment system… Read more »
March 21, 2023
Kenya: Kenya - African Development Bank Approves $30 Million Trade & SME Finance Facility for Family Bank Limited
The Board of Directors of the African Development Bank Group has approved a $30 million Trade & SME Finance Facility for Family bank Limited (FBL) in Kenya. The facility is… Read more »
February 24, 2023
Africa: African Development Bank Holds First Industrial and Trade Business Opportunity Forum in Egypt
Egyptian businesses keen to increase business and deepen integration with other African countries Read more »
February 20, 2023
Africa: Egypt - Seminar On Industrial and Trade Business Opportunities Organized By the African Development Bank and the Ministry of Industry and Trade in Cairo
What? Seminar on industrial and trade business opportunities in Africa (IT-BOS) Read more »
January 30, 2023
Africa: African Development Bank Approves $50 Million and Eur 50 Million Trade Finance Transaction Line of Credit for Ecowas Bank for Investment and Development (Ebid) to Enhance Food Security and Boost Agricultural Value Chains in the Region
EBID headquarters building in Lome, Togo Read more »
December 22, 2022
Mauritius: African Development Bank Approves $40 Million Trade Finance Package to Bank One Limited Mauritius
The Board of Directors of the African Development Bank Group has approved a $40 million Trade Finance Package in favor of Bank One Limited of Mauritius. The financial package… Read more »
December 17, 2022
Angola: Angola - African Development Bank Group Approves $10million Trade Finance Transaction Guarantee to Banco Fomento De Angola S.a. (Bfa)
The Board of Directors of the African Development Bank Group has approved a $10 million Trade Finance Transaction Guarantee (TG) to Banco Fomento de Angola S.A. (BFA). Leveraging… Read more »
December 02, 2022
Uganda: Uganda - African Development Bank Group Commits $301 Million to Renovate the Country's Meter Gauge Railway and Bolster Regional Trade
The African Development Bank is providing $300 million to refurbish metre-gauge railway lines in Uganda Read more »
November 18, 2022
Africa: For Africa to Prosper, Africans Need to Be Able to Move
Akinwumi Adesina, the president of the African Development Bank, stresses the importance of easy travel within Africa Read more »
